Your Home Equity Can Take You Places

Dated: July 11 2021

Views: 117


Sunday at 2pm on Youtube Live “The Truths Homebuyer’s Need to Know”

Watch Live at 2pm at


If you missed last week’s Youtube Live you can check that out here:


View the Video Here:           


Stay Up-To-Date on all the Housing Market Happenings by visiting my Facebook Page at or visit

This Week’s Highlights:

·         Looking for Investment Properties? Click Here:

·         Looking for Homes with Pools? Click Here:

·         Looking for Homes Listed Under $250,000? Click Here:

·         Want a Home Valuation? Click Here:    

·         Check out my Latest Buyer’s Guide! Click Here:

·         Check out my Latest Seller’s Guide! Click Here:

·         Home Builders Ramp Up Construction (Article Below)

·         Current Mortgage Rates Drop Back Below 3% Article Here:

·         A Look at Home Values Through 2025 (Article Below)

·         Check out the best wooden garden furniture Article Here:

·         Prices for Construction Materials Jump 26% in a Year! Article Here:  

·         The Truths Young Homebuyers Need to Hear. (Article Below)  

·         What to do if more homes don’t hit the market. Article Here:

·         Why FHA, VA Buyer’s are struggling to compete. Article Here:  

·         Selling Your House? Make Sure You Price it Right. (Article Below)

·         Home Builders Jump as Housing Prices Soar the Most in 3 Decades. Article Here:

·         Seller Optimism has Never been so High. Article Here:  

·         Ring Video Doorbells: Are They the Best? Article Here:

·         How to Stay Motivated as a Buyer in a Seller’s Market (Video Below)

·         Lumber Prices are Falling Fast. Article Here:

·         Say No to FSBO Video Here:

·         Remodeling your home? 4 Ideas for the Kitchen and Bathroom. Article Here:

·         Your Home Equity can take you places. (Article Below)

·         Mortgage Rates Remain Under 3% (Article Below)

Home Builders Ramp Up Construction Based on Demand

If you’re having a hard time finding a home to buy, it may be time for us to talk about a newly built home. Early indicators show new-home construction is beginning to ramp up. While new homes alone won’t be able to fix all of the inventory challenges, this does mean you’ll soon have more options as you search for a home. As a buyer, a newly built home may be exactly what you’re looking for – it’s brand new, and with builder customization options, it’s uniquely yours from the ground up.

Housing starts reached their highest level since 2006 in March of this year – an encouraging sign for the industry. While they dipped slightly in April, Evangelou reiterates that the level of housing construction is heading in a positive direction compared to recent years, “…we are currently building 24% more homes...


Read the Full Article Here:  


Last year, new construction homes were the saving grace for home buyer’s who were tired of getting beat in the bidding wars and were ready to just get a home started for them. New construction was great, because there were no bidding wars, there was little competition, and there wasn’t another buyer in the next room ready to beat your bid. New Construction was and still is great for those reasons! However, due to the significant demand, home builders fell behind, and started creating wait-lists and making buyer’s wait to even get their home started. However, today there is a light at the end of the tunnel, and new construction homes have made a comeback. If you are ready to know for sure, that you have a home that fits your needs and can be customized to your preferences give David Hittle with United Real Estate Louisville a call. I will find you a new construction or an existing home that fits the needs of today! Things have changed at our homes over the past couple of years, and we need to change our homes to make them fit our needs and lives! Call David Hittle at 502-489-1135

A Look at Home Price Appreciation Through 2025

Home prices have increased significantly over the last year, which has in turn grown the net worth of homeowners. Appreciation and home equity are directly linked – as the value of a home increases, so does a homeowner’s equity. And with these recent gains, homeowners are witnessing their financial stability and well-being grow to record levels.

In more good news for homeowners, the most recent Home Price Expectations Survey – a survey of a national panel of over one hundred economists, real estate experts, and investment and market strategists – forecasts home prices will continue appreciating over the next five years, adding to the record amount of equity homeowners have already gained over the past year.

Home prices are climbing today, and the data in the survey indicates they’ll continue to increase…


Read the Full Article Here:       


Home values are expected to increase over the next 5 years, with 2021 being the year with the biggest gains. However, as the years head closer to 2025 the percentage of gain is expected to lessen and lessen. It is true what they say, up cannot go up forever! As the home values start to stabilize from the incredible highs we’ve seen for the past few years homebuyer’s may find a reprieve from multi-thousand dollar above list price offers. However, the real test will be what the mortgage interest rates will be at that time. Don’t miss the boat, don’t miss the train, don’t miss your flight to homeownership! Call David Hittle with United Real Estate Louisville today and start your homeownership journey before prices and rates get too far out of reach. Call me at 502-489-1135!

The Truths Young Homebuyers Need To Hear

A recent survey shows some homebuyers ages 25 to 40 may be unsure about the homebuying process and what they can afford. It found:

>>“1 in 4 underestimated their buying potential by $150k or more”

>>“1 in 4 underestimated the increase in value by $100k or more”

>>“47% don’t know what a good interest rate is”

If you’re interested in buying but aren’t sure where to begin, here are three key concepts about homeownership you should understand before you get started.

>>What You Need To Know About Down Payments

Saving for a down payment is sometimes viewed as one of the biggest obstacles for homebuyers, but that doesn’t have to be the case. As Freddie Mac says, “The most damaging down payment myth—since it stops the homebuying process before it can start—is the belief that 20% is necessary.”


Read the Full Article Here:            


There are myths that young homebuyer’s have, but those same myths are believed by all homebuyers. The myth of having to have a 20% down payment in order to buy a home. The myth of having to have a perfect credit score in order to buy a home. The myth about how much you can afford towards your next home. The myth about rent being more affordable than homeownership and so much more. My job as a Realtor is to make sure that you are represented in your Real Estate transaction. I help you understand the numbers, the paperwork and helping to keep your emotions in check. If you want a Realtor who will be with you through the entire process, and you want a Realtor with the heart of a teacher, who will help you to understand the process and what lies ahead, you want to call David Hittle with United Real Estate Louisville at 502-489-1135.  

Selling Your House? Make Sure You Price It Right.

Even in today’s red-hot sellers’ market, it’s important to price your house right. While it may be tempting to price your house on the high side to capitalize on this trend, doing so could limit your house’s potential.

Here’s the thing – a high price tag doesn’t mean you’re going to cash in big on the sale. While you may be trying to maximize your return, the tradeoff may be steep. A high list price is more likely to deter buyers, sit on the market longer, or require a price drop that can raise questions among prospective buyers.

Instead, focus on setting a price that’s fair. Real estate professionals know the value of your home. By pricing your house based on its current condition and similar homes that have recently sold in your area, your agent can help you set a price that’s realistic…


Read the Full Article Here:      

Selling your home is a complicated process that involves time, patience, a lot of phone calls, schedules, appointments, showings, open houses, etc, etc, etc. Trying to sell your house on your own is doable, but it takes a lot of the above and pricing the home correctly will make or break the deal. When I’m listing a home, I use a 29-Point Marketing Plan to ensure that I’m doing everything in my power to make sure your home sells for the price you want in the timeline that fits your needs. If you are thinking about selling your home, this is a great market to do it in, but if that is your goal, don’t leave the selling of your largest asset to just anyone, let David Hittle with United Real Estate Louisville, get your home listed, marketed, advertised and sold for the price you want and on a timeframe that works for you. Call him today 502-489-1135.

2407 Bank St Louisville, KY 40212

I would love to show you my listing at 2407 Bank St Louisville, KY.

(YouTube Video:

Get More Information on this home here:

Financial Benefits of Homeownership

2301 Bickel Road Louisville, KY 40206 (Active Under Contract – Accepted Contract)

I would love to show you my listing at 2301 Bickel Road Louisville, KY.


Get More Information on this home here:


If you would like more information on this home or to schedule a showing please call David Hittle at 502-489-1135

How to Stay Motivated as a Buyer in a Seller’s Market [VIDEO]  

If you're a homebuyer, today's market requires patience and persistence. Let's connect to make sure you have an expert guide along the way David Hittle 502-489-1135.

Homeownership is the Cornerstone to Building Personal Wealth

Homeownership is the cornerstone to building personal wealth. And with home equity rising and home prices appreciating, homeowners can build substantial savings quickly. DM me today so we can discuss how you can start building your net worth as a homeowner.

Your Home Equity Can Take You Places [INFOGRAPHIC]

The amount of wealth Americans have stored in their homes has increased astronomically. On average, homeowners gained $33,400 in equity over the last 12 months, and the average equity on mortgaged homes is now $216,000. When it’s time to sell, your home equity can help accomplish your goals. DM me to discuss how you can take advantage of today’s sellers’ market to get the most out of your home sale.

Mortgage Rates Remain Under 3%

Mortgage interest rates fell to the lowest rate in months of 2.90% which is great news because home prices have now surged to a new record median price of $350,300.

The low interest rates... for now... are keeping housing affordable, however at any time these rates could start to rise and with home prices rising as well, it will spell a downturn in homebuyer's being able to afford a home.


Read the Full Article Here:!#.YOjT0-5frlQ.facebook


If you are looking to sell a home, now is a great time there is plenty of competition for your home due in part to these mortgage interest rates.

If you are looking to buy a home, now is the time to get preapproved, your rate locked in, and find that home now, because rising rates will cost you over the long-term.

Either Buying or Selling, David Hittle with United Real Estate Louisville has the experience and knowledge to help you navigate this market and to make the right decisions to make your Real Estate Dreams come true! Give him a call today at 502-489-1135.


Sunday at 2pm on Youtube Live “The Truths Homebuyer’s Need to Know”

Watch Live at 2pm at


If you missed last week’s Youtube Live you can check that out here:


View the Video Here:           


Stay Up-To-Date on all the Housing Market Happenings by visiting my Facebook Page at or visit


Message from David Hittle, Realtor United Real Estate Louisville:

All reports indicate that home builders are ramping up their construction efforts in a bid to try to keep up with homebuyer demand. A little late, if you ask me, but growing inventory will have an impact on the market. It will help homebuyer’s have more options to choose from, and will cause home values in those areas to rise. At the same time for home seller’s it will mean less competition for their homes.


Mortgage rates held under 3% this week, which is great news for homebuyers. It means you will save thousands of dollars over the lifetime of your loan! Any savings is good savings, but these low interest rates won’t stick around, they are predicted to rise over the course of the next several years.


All predictions point to home values continuing to rise through 2025, though at a slower pace. Here in Louisville, Kentucky between 2019 and 2020 home values rose 10%. They are on pace to hit that percentage if not higher for 2020 to 2021. However, the experts predict that these high rises in value every year will start to slow down. Be on the look out for my Housing Market report, coming soon!


I’m so excited, about the future and I thank you all for helping me fuel my business. It is all of you that keep me going!   


If you or someone you know needs a Realtor – I would be honored to help just call me 502-489-1135


If you are interested in purchasing a home, I currently have 2 listings on the market, with what I pray will be many more to come! You can see that listings below, however if it does not fit your needs I hope you will contact me so I can get you a personalized list of homes that fit your needs!


2301 Bickel Road, Louisville, KY (Active Under Contract – Accepted Contract) -

This home is near all the amenities you could ever ask for. From Food, to Sports, to Entertainment to the Downtown scene; this home is near it all and would make for a great rental home or starter home for someone looking to be near the fun of our city!


2407 Bank Street, Louisville, KY -

This home is perfect for an investor looking to add to their portfolio. The home is a shotgun style, with a camelback featuring 3 Bedrooms, and 1 Full Bathroom. Other homes in the area that are being remodeled are selling for great values. If you are an investor and need a new project this one is right for you.


Please share these listings with your friends and family, and if someone is interested please send them my way or have them contact me at 502-489-1135 (Call/Text).


Looking to Sell your House! I Want to Interview for the Job! I do not pressure my clients, I’m very patient and I walk them through what all I will do! I have a 29-Point Marketing Plan for Selling Your House! If You want to Sell, I will help get it sold for you! Give me a Call Today: 502-489-1135 Get a Home Valuation Here: or a Free Seller’s Guide Here:


Looking to Buy a Home! I Want to Interview for the Job! You Do Not Pay Me! I’m Paid by the Seller’s Upon Closing of the Deal! I’m very patient and I will walk with you through the entire process! If You want to Buy a Home, I will help you get the best deal possible! Give me a Call: 502-489-1135 Get my Free Buyer’s Guide Here:


Looking to Buy a Brand New Home? I would love to set up an appointment with my favorite builder for you! Why spend the money on an older home, with its issues, and its problems when you could buy a brand new, customizable home, and receive a 1 year home warranty, a 7 year structural warranty, and the peace of mind, knowing that when you sell that home, it is a 2020 built home! Give me a Call Today: 502-489-1135


This week the Mortgage Interest Rates as published by Freddie Mac fell to 2.90%, down 0.08 percentage points from last week’s 2.98%, rates are getting super close to last year’s 3.03% though. 2.65% is the lowest ever seen since recording started back in 1971 and was obtained the first week of January 2021.


This week in the Louisville and Lexington Kentucky area there were 3,307 (-41) homes & condos for sale, with the average days on market sitting at 20.90 (-5.8 Days). We are now at 0.95 1.03 (+0.08 Months) months of inventory, making this a “Seller’s Market” which is under the six months needed to have a “Balanced Market”. Builder’s are accelerating their building of brand new homes, but with lumber prices on the rise, it is making it harder for smaller builder’s to be able to afford. Bigger builder’s will have to come to the rescue, if we are ever to catch up with home buyer demand.


The Average Sale Price for May 2021 was $272,979 (Up $15,349 from April 2021), with Median Selling Price being $230,100 (Up $6,600 from April 2021). These numbers are up from last year’s $244,112 and $210,000 respectively. Year over year both average sale price and median selling price were up vs. last year.


If you are in need of a Real Estate Professional someone with the heart of a teacher, rather than a heart of a salesperson I’m the Realtor for you!


If you ever have any questions at all, please feel free to contact me, I’d love to hear from you and hear about your plans for the future!


You can email me at
You can text me or call me at 502-489-1135
If you would please visit and LIKE my Facebook Page at We Have OVER 380 LIKES, 400+ FOLLOWERS!
I would also encourage you to visit my newly customized website at
Please also visit our more specific websites purchased and maintained to make it easier for you to find what you are looking for!
For Selling a Home:
For Buying a Home:
For Buying Louisville Homes:    


Thank you once again, for allowing me to assist you on your homeownership journeys.

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David Hittle

Hello, and welcome to my website - my name is David Hittle and I'm a VA Certified Realtor and NAR e-PRO with United Real Estate Louisville. The ultimate goal for a Realtor is to provide the client wit....

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